Where & How to Buy Celo (CELO) for Beginners in 2025

Use our step-by-step guide to learn how and where to buy Celo on 5+ highly rated crypto platforms.
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Updated on Oct 10, 2024
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Celo coins are available buy via a cryptocurrency exchange, which functions similar to a stock trading platform. It takes just a few minutes to buy Celo this way. Follow our quick step guide below.

How to buy Celo quickly in 3 steps

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To buy Celo you need a smartphone or a computer and an internet connection. It takes 10-15 minutes the first time and you should have some photo ID to hand. Here’s how to do it.

Step 1. Sign up to a crypto platform

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Sign up to one of the best crypto platforms to start trading. Alternatively, there are several other options to select from below. Anyway, create an account and supply a copy of your photo ID for verification.

We found 4 crypto platforms for users based in

Paybis review
4.4
Paybis
Min. Deposit $4
Fees Variable
No. assets 90+
Demo account No

Paybis review

Huobi review
3.6
Huobi
Min. Deposit n/a
Fees
No. assets n/a
Demo account No

Huobi review

OKX review
4.2
OKX
Min. Deposit n/a
Fees
No. assets n/a
Demo account No

OKX review

Step 2. Make a deposit

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Add funds via a card payment, bank transfer or an alternative payment method. You can start with as little as $100 on most services.

Step 3. Buy Celo token

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Locate the search box and type CELO. Once you locate the coin trading page, enter how much money you want to spend and hit ‘trade now’.

Now you own Celo tokens! Not a big deal, right?

Where to buy CELO easily

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The overall best platform to buy Celo for beginners is Paybis .

Here are the top five places to buy Celo, ranked according to their simplicity for beginners, fees, customer reviews, and safety ratings.

  1. Paybis: Best crypto platform for choice of payment methods
  2. OKX: Best for futures and margin trading

Read more about how we rate, rank and review platforms.

Best exchanges to buy Celo (CELO), reviewed

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We found 4 crypto platforms for users based in

1. Paybis. Best crypto platform for choice of payment methods

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Paybis_logo
4
Ratings

$4

Min. deposit

Variable

Fees

90

No. assets

No

Demo account

Overview

We love Paybis because it is one of the simplest crypto platforms to use, making it ideal for both beginners and experienced traders. The intuitive interface makes the process of buying and selling cryptocurrencies smooth, fast, and hassle-free. 

Paybis offers a good selection of coins to buy and sell including popular options like Bitcoin and Ethereum, as well as many altcoins. With such a wide range of tokens, you’ll be able to diversify your portfolio and take advantage of market opportunities very quickly. 

One of the best features of Paybis is its selection of payment options. Not only can you buy Bitcoin with a credit or debit card using USD, but you can also choose from several payment apps and digital wallets. 

The fees: How much you will pay will depend on the payment option you use. Paybis provides detailed information on the types of fees applied. You can expect competitive rates, with clear outlines of transaction and network fees, before buying or selling.

Highlights

Fees & Costs

Pros & Cons

2. OKX. Best for futures and margin trading

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4
Ratings

£-

Min. deposit

Fees

No. assets

No

Demo account

Overview

We love OKX because it’s an adaptable and flexible exchange, with an app that’s available in three different versions depending on how you trade. Choose from the beginner-friendly Lite version, Web3 option for NFT traders, or the Pro version for a plethora of trading tools. 

From an app or desktop you can trade 350+ crypto coins on one of the world’s top crypto exchanges. You can fund your account easily, through a variety of simple payment methods, and a sliding scale of fees that means you can access discounts by holding the OKB token or trading high volumes.

The fees: Regular users pay a 0.1% fee on spot crypto trades. OKB crypto holders are entitled to a discount, up to 0.02% off for holding more than 2,000 coins. High volume traders are also entitled to a discount, with the cheapest fees available for traders with a 30 day trading volume above $10,000,000,000.

Highlights

Pros & Cons

How to trade CELO

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You can trade Celo on a cryptocurrency exchange using a few simple steps. Here’s a quick example that clearly lays out how CELO crypto trading works:

  1. Monitor the price: For simplicity, let’s say the price of CELO/USDT is $1. You read the price charts and decide that now is a good time to start purchasing CELO.
  2. Open a trade: You trade one USDT for one CELO ($1 USD for 1 CELO).
  3. Continue to monitor the price: The following month, one CELO token is now worth $2, a 100% increase.
  4. Close your trade: You trade your CELO token back to USDT for $2.

In this example, you buy and sell Celo, doubling your money (trading). While the steps are simple, executing them in a profitable way is not so easy. You need to spend countless hours learning to trade, reading charts, technical patterns, and understanding markets and margin trading; which you can do right here on Invezz.com.

What is the best way to pay for Celo (CELO)?

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The simplest way to buy Celo cryptocurrency is with your bank card. However, there are plenty of other options as well. Here are some of the top ways to pay for CELO.

  • Buy Celo with a credit card or debit card. Card payments are convenient and instantaneous but you may have to pay a higher fee to make a deposit this way. Binance charges 1.8% for a card deposit and some platforms charge as much as 4%.
  • Buy Celo with bank transfer. A bank transfer is usually the cheapest way to buy crypto. Crypto platforms like Crypto.com and Coinbase do not charge for bank transfer deposits, while Binance only charges a $1 fee, and these transactions are more or less instant as they run through the Automated Clearing House (ACH) in the US, Faster Payments System (FPS) in the UK, or Single Euro Payments Area (SEPA) in Europe.
  • Alternative payment methods. Crypto brokers often let you pay with other providers or money transfer services, like Neteller, Venmo, or Payoneer. The options vary by broker, though, so check what’s accepted before you sign up.

How do I store Celo (CELO)?

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Most people keep their crypto on the exchange they used to buy it. If you only plan to hold onto it for a little while then that’s a perfectly acceptable option. If you want to hold it for years or you own a lot of Celo then you should move it to a crypto wallet.

A crypto exchange is similar to a bank account, in that it means trusting a company to protect your funds for you. A wallet is like your personal wallet, or a safe, where you take responsibility for it yourself. Two of the best Celo wallets to use are MetaMask and the Ledger Nano S.

Is now a good time to buy Celo?

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The answer depends on the current price and your own investment goals. Put simply, buying Celo, selling Celo, and trading CELO are all the exact same process in literal terms. It’s really just your personal investing intentions that defines whether ‘now’ is a good time to invest or not.

  • If you’re a trader: as a cryptocurrency trader, your goal is to make money trading regularly. What do we mean by regularly? Hourly, daily, weekly. Traders buy and sell a coin quickly to secure their profit (or to avoid a loss). They don’t #HODL a coin long term in the hopes of larger profits. In this sense, any time is a good time to trade Celo.
  • As a long-term investor: a long term investor is not concerned if the price is up or down 10% on any given day. Rather, they care that the price of the native token is overall up months or years later, when they’re ready to sell that investment. So if you’re a firm believer in the foundations of CELO, then a good time to purchase Celo is on any major dip.

In our experience, most newcomers to the crypto market sit between the two. You don’t want to wait several years for a return, but buying Celo and selling it the next day probably isn’t why you’re here either.

How has Celo (CELO) performed this year?

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The current Celo price today is $0.43, which is -95.96% versus its all time high of $10.66, which it reached on 30 August 2021. CELO is -39.56% this year, with a 52 week high of $1.80 and a 52 week low of $0.36. 

Regardless, closely following Celo price news & analysis will help you decide when to pull the trigger.


Sources & references

James Knight

James Knight

Editor of Education

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James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets. His main focus is on improving financial literacy among casual investors. He has been with Invezz since the start of 2021 and has been...